1515 Franklin St - Warehouse FOR SALE


Vancouver, BC V5L 1P3
$11,560,000 CAD
604-998-6141
1515 Franklin St, Vancouver, BC for Sale
$11,560,000 CAD
Warehouse - FOR SALE
1/3
null | Request Cap Rate

1515 Franklin St
Vancouver, BC V5L 1P3


OVERVIEW

A unique opportunity to purchase a 22,022 SF industrial building in East Vancouver. Half of the building, namely 11,117 SF is vacant and has been recently updated for a new occupier, while the balance of the building is occupied by Western Marine until June 30th, 2026. The building is 2-levels connected with a freight elevator, features multiple grade level loading doors, and ample on-site secure parking at the rear. This is an ideal opportunity for a flex industrial/retail owner to occupy the building, while collecting operating income from the neighbouring tenant.

FOR SALE DETAILS

PRICE

$11,560,000 CAD

PRICE/SF

$525 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1972

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

2

PARKING SPACES

10

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

M-2

APN/PARCEL ID

005-256-887

ASK ABOUT THIS PROPERTY

604-998-6141

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604-998-6141

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